In fairness, you'll probably play more hands at a blackjack table than you will at a roulette table. So if the house advantage is 0.6% each time, that's compounding each play. It also requires more skill to understand the probabilities involved, while roulette is pretty dumb and obvious division.

5/6/2012 2:45:55 PM

Are you sure you know what compounding means? Are you suggesting the house advantage increases because you are playing more?

[Edited on May 6, 2012 at 3:37 PM. Reason : ]

5/6/2012 3:36:48 PM

...yes, the more times you play the lower the expected value is. So the metric that matters is (house advantage) x (number of plays)

well it's not just a direct multiplication, but linearized under assumptions it is!

5/6/2012 4:00:36 PM

False. I don't think you understand expected value. The more times you play, the more likely the outcome will converge on the expected value.

5/6/2012 4:33:54 PM

lol

5/6/2012 4:48:14 PM

Roulette has about a 5.26% house edge.

Which means if you bet a mere $10,000 in a night you will lose $526 on average.

Blackjack has around 0.5% house edge (depending on rule variations and deck variations) so if you bet $100k in a night you will lose about $526 on average (assuming you can't count cards because you're a retard)


I don't know about you, but I'd rather bet $100k than $10k on a night where I'm hellbent on losing $500.

5/7/2012 1:26:12 AM

And by "bet in a night" you mean the total sum of all money you put in the pot over all bets. You can walk into the casino with $1k and bet $100k by that definition. Of course, you can only deterministically bet infinite series of the (payout/investment) ^n, which in itself would be assuming you could be infinitely small units with no penalty where in reality people tip the dealers and all kinds of stuff.

Not to mention the point that neither I, nor the majority of people in this thread, could sit down and pragmatically get those odds at the game because we don't have the hit tables memorized. I'm not saying that you don't. I believe that craps can be played with <2% advantage, and that's involving no skill or even much knowledge.

5/7/2012 2:00:17 AM

You don't have to have the hit tables memorized. You can print the out and have them right there. The casino does not care.

5/7/2012 9:13:18 AM

People really need to heed my advice on roulette

if you can find a 1 green wheel... it's one of the best odds in the house.

if they have 2 its slightly below average

if they have 3 greens run like the wind.

5/7/2012 11:33:57 AM

5/7/2012 11:37:31 AM

In order to play blackjack badly enough to give the house a 5% advantage you'd have to start doing some really whacky shit like standing on 11, hitting on 17, or not splitting 8's against a 6.

Even a certified non rain man retard can play blackjack at a 2-3% house edge.

5/7/2012 11:38:29 AM

^^^ since we're getting excited about opportunities with negative economic value...

just trade FOREX

5/7/2012 11:45:56 AM